Vistry Group PLC (LON:VTY) Receives GBX 579.56 Average Price Target from Analysts

Vistry Group PLC (LON:VTY) has earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 556.60.

VTY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Vistry Group to a “hold” rating and decreased their price target for the company from GBX 803 to GBX 600 in a report on Thursday, March 5th. JPMorgan Chase & Co. dropped their price objective on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating on the stock in a research note on Tuesday, March 10th. Bank of America cut their price objective on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research report on Monday, March 30th. Jefferies Financial Group increased their target price on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. Finally, Royal Bank Of Canada lowered their target price on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating on the stock in a report on Thursday, March 5th.

Vistry Group Price Performance

Shares of Vistry Group stock opened at GBX 328.45 on Monday. The firm has a fifty day simple moving average of GBX 548.25 and a 200-day simple moving average of GBX 608.78. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93. Vistry Group has a 1-year low of GBX 321.30 and a 1-year high of GBX 746.40. The stock has a market capitalization of £1.05 billion, a price-to-earnings ratio of 29.33, a PEG ratio of -0.20 and a beta of 1.65.

Vistry Group (LON:VTY) last posted its earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. On average, sell-side analysts expect that Vistry Group will post 108.4606345 earnings per share for the current year.

Vistry Group announced that its board has authorized a stock repurchase plan on Monday, February 2nd that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Vistry Group

In related news, insider Tim Lawlor sold 5,292 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of GBX 357, for a total transaction of £18,892.44. Also, insider Paul Whetsell purchased 6,000 shares of Vistry Group stock in a transaction on Wednesday, March 4th. The stock was bought at an average cost of GBX 474 per share, with a total value of £28,440. Over the last quarter, insiders have purchased 6,082 shares of company stock worth $2,889,121. Insiders own 9.99% of the company’s stock.

Vistry Group Company Profile

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.